Rochester Philharmonic Orchestra Fund Inc
Rochester Philharmonic Orchestra Fund Inc: Strong Assets, Inconsistent Revenue
EIN: 222142389 · Rochester, NY · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $589K |
| Program Spending | 70% |
| Net Assets | $14.4M |
| Transparency Score | 75/100 |
Is Rochester Philharmonic Orchestra Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rochester Philharmonic Orchestra Fund Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Rochester Philharmonic Orchestra Fund Inc
Rochester Philharmonic Orchestra Fund Inc (EIN: 222142389) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $2.3M and total assets of $17.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rochester Philharmonic Orchestra Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rochester Philharmonic Orchestra Fund Inc is a mid-size nonprofit that has been operating for 49 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $877K |
| Total Expenses | $589K |
| Surplus / Deficit | +$288K |
| Total Assets | $14.4M |
| Total Liabilities | $1K |
| Net Assets | $14.4M |
| Operating Margin | 32.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 293.9 months |
Financial Health Grade: A
In 2024, Rochester Philharmonic Orchestra Fund Inc reported a surplus of $288K with revenue exceeding expenses, holds 293.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2024), Rochester Philharmonic Orchestra Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.6% | -13.6% | +12.8% |
| 2023 | +51.9% | +22.9% | +8.1% |
| 2022 | +49.6% | +9.8% | -15.8% |
| 2021 | -54.5% | -51.2% | +15.1% |
| 2020 | -24.9% | +102.7% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 0000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rochester Philharmonic Orchestra Fund Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Rochester Philharmonic Orchestra Fund Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific compensation figures for key employees, which are not provided in the given data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rochester Philharmonic Orchestra Fund Inc's IRS 990 filings:
- Revenue has shown significant year-over-year fluctuations, from a high of $1,148,688 in 2019 to a low of $392,483 in 2021, indicating potential instability in funding streams.
- The provided data lacks specific details on program expenses, making it difficult to fully evaluate the impact of funds on mission-related activities.
Strengths
The following positive indicators were identified for Rochester Philharmonic Orchestra Fund Inc:
- The organization maintains a substantial asset base, with assets consistently over $11 million, reaching $17,154,993 in 2024, providing financial stability.
- The organization consistently reports '0' for loans to or from officers, directors, trustees, or key employees, suggesting good governance regarding insider transactions.
Frequently Asked Questions about Rochester Philharmonic Orchestra Fund Inc
Is Rochester Philharmonic Orchestra Fund Inc a legitimate charity?
Rochester Philharmonic Orchestra Fund Inc (EIN: 222142389) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Rochester Philharmonic Orchestra Fund Inc spend its money?
Rochester Philharmonic Orchestra Fund Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Rochester Philharmonic Orchestra Fund Inc tax-deductible?
Rochester Philharmonic Orchestra Fund Inc is registered as a tax-exempt nonprofit (EIN: 222142389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rochester Philharmonic Orchestra Fund Inc's spending goes to programs?
Rochester Philharmonic Orchestra Fund Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Rochester Philharmonic Orchestra Fund Inc located?
Rochester Philharmonic Orchestra Fund Inc is headquartered in Rochester, New York and files with the IRS under EIN 222142389.
How many years of IRS 990 filings does Rochester Philharmonic Orchestra Fund Inc have?
Rochester Philharmonic Orchestra Fund Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.3M in total revenue.
What does Rochester Philharmonic Orchestra Fund Inc do?
Rochester Philharmonic Orchestra Fund Inc is a nonprofit organization in the Unknown sector, located in Rochester, New York. It is classified under NTEE code Unknown.
How much revenue does Rochester Philharmonic Orchestra Fund Inc have?
Rochester Philharmonic Orchestra Fund Inc reported total revenue of $2,287,734. Based on 12 IRS 990 filings on record.
What are Rochester Philharmonic Orchestra Fund Inc's total assets?
Rochester Philharmonic Orchestra Fund Inc holds total assets of $17,154,993 as reported in IRS 990 filings.
Where is Rochester Philharmonic Orchestra Fund Inc located?
Rochester Philharmonic Orchestra Fund Inc is based in Rochester, New York.
What is Rochester Philharmonic Orchestra Fund Inc's EIN?
Rochester Philharmonic Orchestra Fund Inc's Employer Identification Number (EIN) is 222142389. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rochester Philharmonic Orchestra Fund Inc?
Rochester Philharmonic Orchestra Fund Inc is classified under NTEE code Unknown (Unknown).
Is Rochester Philharmonic Orchestra Fund Inc a registered 501(c)(3)?
Rochester Philharmonic Orchestra Fund Inc appears in IRS records (EIN: 222142389). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Rochester Philharmonic Orchestra Fund Inc file IRS Form 990?
Yes, Rochester Philharmonic Orchestra Fund Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Rochester Philharmonic Orchestra Fund Inc's revenue in 2024?
In the 202406 filing period, Rochester Philharmonic Orchestra Fund Inc reported total revenue of $877,315, total expenses of $589,115, and net assets of $14,426,767.
Is Rochester Philharmonic Orchestra Fund Inc's revenue growing or declining?
Rochester Philharmonic Orchestra Fund Inc's revenue is relatively stable. Revenue went from $891,743 (202306) to $877,315 (202406), a -1.6% change. Based on 12 filings on record.
What is Rochester Philharmonic Orchestra Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Rochester Philharmonic Orchestra Fund Inc covers tax period 202406. It shows revenue of $877,315, expenses of $589,115, total assets of $14,426,767, and liabilities of $1,300.
How much does Rochester Philharmonic Orchestra Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Rochester Philharmonic Orchestra Fund Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Rochester Philharmonic Orchestra Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Rochester Philharmonic Orchestra Fund Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Rochester Philharmonic Orchestra Fund Inc?
The following concerns were identified: Revenue has shown significant year-over-year fluctuations, from a high of $1,148,688 in 2019 to a low of $392,483 in 2021, indicating potential instability in funding streams.. The provided data lacks specific details on program expenses, making it difficult to fully evaluate the impact of funds on mission-related activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Rochester Philharmonic Orchestra Fund Inc's strengths?
Positive indicators for Rochester Philharmonic Orchestra Fund Inc include: The organization maintains a substantial asset base, with assets consistently over $11 million, reaching $17,154,993 in 2024, providing financial stability.. The organization consistently reports '0' for loans to or from officers, directors, trustees, or key employees, suggesting good governance regarding insider transactions.. These findings are derived from AI analysis of the organization's financial filings.
How does Rochester Philharmonic Orchestra Fund Inc compensate executives?
Executive compensation cannot be assessed without specific compensation figures for key employees, which are not provided in the given data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset base, how does the organization plan to leverage these assets to stabilize and grow its fluctuating revenue streams?
Without further financial statements, it's unclear if the assets are primarily endowment funds or operational assets. A strategy for asset utilization to generate more consistent operating revenue would be crucial.
What specific programs or initiatives contributed to the notable increase in assets from $14,045,332 in 2021 to $17,154,993 in 2024, and how do these align with the organization's mission?
The data does not specify the nature of this asset growth (e.g., new investments, capital campaigns, or property acquisitions), making it difficult to link directly to mission-specific program expansion.
Filing History
IRS 990 filing history for Rochester Philharmonic Orchestra Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Rochester Philharmonic Orchestra Fund Inc's revenue has grown by 54.1%, moving from $569K to $877K. Total assets increased by 14.7% over the same period, from $12.6M to $14.4M. Total functional expenses fell by 19.8%, from $734K to $589K. In its most recent filing year (2024), Rochester Philharmonic Orchestra Fund Inc reported a surplus of $288K, with revenue exceeding expenses. The organization holds $1K in liabilities against $14.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $877K | $589K | $14.4M | $1K | — | View 990 |
| 2023 | $892K | $682K | $12.8M | $0 | — | View 990 |
| 2022 | $587K | $555K | $11.8M | $0 | — | View 990 |
| 2021 | $392K | $505K | $14.0M | $0 | — | View 990 |
| 2020 | $863K | $1.0M | $12.2M | $0 | — | View 990 |
| 2019 | $1.1M | $510K | $11.3M | $0 | — | View 990 |
| 2017 | $664K | $1.6M | $11.5M | $48K | — | View 990 |
| 2016 | $636K | $798K | $12.0M | $49K | — | View 990 |
| 2015 | $704K | $833K | $12.3M | $50K | — | View 990 |
| 2014 | $1.2M | $652K | $13.8M | $47K | — | View 990 |
| 2013 | $722K | $985K | $12.7M | $4K | — | View 990 |
| 2012 | $569K | $734K | $12.6M | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $877K, expenses of $589K, and assets of $14.4M (revenue -1.6% year-over-year).
- 2023: Revenue of $892K, expenses of $682K, and assets of $12.8M (revenue +51.9% year-over-year).
- 2022: Revenue of $587K, expenses of $555K, and assets of $11.8M (revenue +49.6% year-over-year).
- 2021: Revenue of $392K, expenses of $505K, and assets of $14.0M (revenue -54.5% year-over-year).
- 2020: Revenue of $863K, expenses of $1.0M, and assets of $12.2M (revenue -24.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $510K, and assets of $11.3M (revenue +73.1% year-over-year).
- 2017: Revenue of $664K, expenses of $1.6M, and assets of $11.5M (revenue +4.3% year-over-year).
- 2016: Revenue of $636K, expenses of $798K, and assets of $12.0M (revenue -9.6% year-over-year).
- 2015: Revenue of $704K, expenses of $833K, and assets of $12.3M (revenue -42.1% year-over-year).
- 2014: Revenue of $1.2M, expenses of $652K, and assets of $13.8M (revenue +68.4% year-over-year).
- 2013: Revenue of $722K, expenses of $985K, and assets of $12.7M (revenue +26.8% year-over-year).
- 2012: Revenue of $569K, expenses of $734K, and assets of $12.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rochester Philharmonic Orchestra Fund Inc:
Data Sources and Methodology
This transparency report for Rochester Philharmonic Orchestra Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.